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SaaS/Cloud in South Africa

22.0%
Annual Growth Rate (CAGR)
Source: IMARC Group/Mastercard Africa Regional CAGR 2025-2030 ✓ Verified

Sub-Sectors

Rising Startups

Clickatell

Series C

Chat commerce via messaging

$91M (latest round) · Founded 2000

DataProphet

Series B

AI-driven manufacturing optimization and predictive quality platform

$16M (latest round) · Founded 2014

Karooooo

Public

Connected vehicle and fleet management IoT SaaS platform

$100M+ (public company) · Founded 2001

Luno

Acquired

Cryptocurrency exchange and digital asset platform for Africa

$100M+ (acquired) · Founded 2013

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